Org.nr 893 104 682 2013 → 2014 Year-over-year analysis

AKELEYE AS: årsregnskap 2014 vs 2013

Grew 883% on revenue, weaker earnings, cash halved-plus

approved 2015-02-28; registry 2015-09-09; journal 2015 812834

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for AKELEYE AS. Revenue 25.0k NOK → 245.7k NOK (+882.8%). Net result +11.10m NOK → +2 014 NOK. Equity 2.18m NOK → 2.14m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKELEYE AS.

Scorecard

Revenue
25.0k NOK 245.7k NOK
+882.8%
Operating result
+35.9k NOK n/m
—
Net result
+11.10m NOK +2 014 NOK
-100.0%
Equity
2.18m NOK 2.14m NOK
-2.2%
Cash
2.36m NOK 31.0k NOK
-98.7%
Total assets
2.36m NOK 6.51m NOK
+176.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.0k NOK to 245.7k NOK (+882.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 33.2k NOK → 2.14m NOK (+2.10m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +11.10m NOK → +2 014 NOK (net margin 44412.0% → 0.8%). Calculated

  • ↓

    Equity eroded

    Book equity 2.18m NOK → 2.14m NOK (equity ratio 92.7% → 32.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.36m NOK → 31.0k NOK (-98.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.36m NOK → 31.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 7 751 NOK → 0 NOK. Reported fact